I need to post a dividend in this financial year but do not have the cash pay it. Do I do a journal entry to credit the directors loan account? How do I then pay it?
I need to post a dividend in this financial year but do not have the cash pay it. Do I do a journal entry to credit the directors loan account? How do I then pay it?
Hey textilecoloratio,
You can post a journal entry and then record paying this using an expense transaction by selecting the dividend account under the category details line.
I need to post a dividend in this financial year but do not have the cash pay it. Do I do a journal entry to credit the directors loan account? How do I then pay it?
Hey textilecoloratio,
You can post a journal entry and then record paying this using an expense transaction by selecting the dividend account under the category details line.
I need to post a dividend in this financial year but do not have the cash pay it. Do I do a journal entry to credit the directors loan account? How do I then pay it?
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